Mc2, post #11, OP mentioned he helped his family. But I’m also weary about the one or two post posters.
ok…I see it’s in the later post:
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The money I put into loans was AT LEAST a third, but at the time I also had to help my parents with their financial situation (probably not the greatest idea, but it's a given in my culture that family comes first). I
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?
So, he’s claiming that he gave his parents - say $40k+ - per year during those 5 years??? (assuming he needed the rest to pay for his own clothes, transportation, etc).
How is it that his family was “too rich for aid,” but needed so much help for 5 years…and then what??? did they magically stop needing aid at the 5 year mark when he coincidentally paid off his loans?
Are we supposed to believe that during the 4 years he was in college, they didnt’ need help, they earned too much for aid, but then needed a LOT of help for 5 years after he graduated, but then their need ended exactly at the time he paid off his debt???
This story doesn’t pass the smell test.
Parents may have had a business that later went badly or something.
This. Assuming the story is true, it’s irrelevant to anyone else. The debt wasn’t the source of his problems.
We are in free country. If some wants to be obessed with the “brand” name , then let them be. If another is fine attending at in-state public, nothing is wrong with that either. People have a diffent level of tolerance towards debt also.
I have only one objection - I do not want to pay somebody’s debt in a form of higher taxes if our enlighted leaders decide to buy the young votes by “forgiving” their college loans. They are NOT forgiving anything, they just put the loans on the taxpayer’s shoulders.
I really do not care about anything else, none of my business. If I am asked which place to choose, then my answer is that student makes the difference and not the place. But there is not question in OP, just stating the facts.